Avant Personal Loans Review

Though operating on the US and UK lending markets only, Avant has become one of a few names well-known and highly regarded worldwide.

Launched relatively recently, in 2012, it has managed to create quite an extensive client base that is constantly expanded.

It currently numbers over 350,000 customers that in total have received around $2 billion.

About Avant

Avant has become one of the most turned to personal loan lenders owing to quick, easy and on the whole hassle free application.

Basically, the entire 3-step process is straight forward and takes less than 10 minutes:

  • check your estimated interest rates;
  • if approved, e-sign your contract;
  • get your funds the next business day.

Unlike many other lending services Avant provides immediate interest rates checking* prior to giving you a personal loan.

You should provide such details as your full name, social security number, address, income information, terms of the loan applied, the state you live in.

And you’ll get figures based on your credit rating (minimum (580) FICO score will be enough).

*Note: The check won’t affect your FICO score. (Avant Personal Loans)

If provisional figures meet your expectations, you’ll be asked to fill in an online application form. As soon as that has been submitted, you’ll get the reply within a couple of minutes.

Once your application is approved and you e-sign your contract, wait for the borrowed money the very next business day.

Avant Loan Requirements

  • Minimum credit score: 580
  • Debt-to-income ratio requirement: none
  • Minimum credit history: none
  • Minimum gross income: none, but generally more than $40,000

Avant Loan Rates

California – Installment Loan

AmountTermAdministration Fee RangesAPR
$1,000 – $35,000 24 – 60 months 0.95% – 4.75% 9.95% – 35.99%

More info https://www.avant.com/rates_terms

Benefits

Avant Personal Loans ReviewFirst and foremost, the talk is about unsecured Avant personal loans. This implies no required collateral, which is not risky for your assets.

Second, Avant introduced an origination fee that ranges from 0.95-4.75%.

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This can help you save on interest rates greatly.

Having established the system, where virtually any customer can:

  1. Get a loan in the quickest and safest way, whatever his/her current needs are and
  2. Do that without extra fees and mandatory penalties

Avant has managed to create a rather welcoming atmosphere for many credit levels. Both the rates quoted and terms agreed vary; thus, the former range between 9.95% to 36% and the latter between 36 and 60 months.

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Again, your credit score, loan terms and the state you live in will be decisive factors.

On the whole, Avant loans are a good credit solution targeting a wide range of borrowers with a wide range of needs, which means that if you qualify, you can get somewhat between $1,000 and $35,000 for debt consolidation, emergencies, home improvement, vacation and whatever you may need this money for.

3 Comments
  1. Albert says

    When I had financial troubles I chose Avant personal loans to cover some of the necessary but emergency expenses. The application procedure was really fast, the interest rate not as high as I expected and I got the needed sum soon. Thanks for a detailed review.

  2. Olivia says

    I’ve had to deal with Avant loans for three times already and can say it for sure that the process of getting money is as easy as ABC. It looks like that, and the reality is the same. I applied with no extra effort and hassle, and when I decided to repay sooner, I didn’t have to pay any penalty.

  3. Stacie says

    Having family celebrations, going on vacations, facing emergency medical needs or in a range for similar cases, where I require financial support, the first place I usually go to is Avant. What I appreciate the most is the professional team, which provides all the information about this or that loan with all the details and specifications you need to be aware of. This was, probably, my fifth time taking a loan here and all of them were 100% successful.

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